On Friday, the market ended the week strongly despite volatility, with both Sensex and Nifty reaching record closing highs. The market cap of BSE-listed companies neared a record high, increasing by Rs 8 lakh crore. Sensex rose by 2.16% to close at 76,693.36, while Nifty gained 2.05% to close at 23,290.15. All major sectors traded …
During Friday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. IRB Infrastructure Developers Ltd IRB Infrastructure Developers hit a high of Rs 78.15 today, with a significant traded volume of 150,302,419 shares. It is currently trading at Rs 77.9, up from its previous …
IRB Infrastructures Developers Ltd. is an infrastructure development and construction company. It has extensive experience in the roads and highway sector. It also has its business segments in the infrastructure sector, including maintenance of roads, construction, airport development and real estate. With a total of 36 highway projects in its account, it is India’s largest …
The Indian stock market often experiences a surge in optimism in the lead-up to national elections. This is typically driven by expectations of a stable government and positive economic policies. The data confirms this trend, with all five years analysed witnessing pre-election highs in the benchmark Nifty50 index. For instance, in 2024, the Nifty50 reached …
Borosil Scientific Limited, a leader in scientific and industrial products, celebrated its successful listing on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). This milestone, marked by the ringing of the opening bell at BSE, signifies a new chapter for the company’s legacy of excellence. Demerger Fuels Focused Growth The listing follows the …
On June 7, 2024, Happiest Minds Technologies Limited informed the stock exchanges that the company’s wholly-owned subsidiary, PureSoftware, has been honoured with the esteemed ‘Best Banking-as-a-Service Platform of the Year’ award at the prestigious 14th Africa Bank 4.0 Summit 2024 conducted by BII. The award acknowledges PureSoftware’s exceptional impact on the financial sector through its …
Securities and Exchange Board of India (SebI) has sent a show cause notice to Yashish Dahiya, the Chairperson and CEO of PB Fintech Limited. The notice concerns PB Fintech FZ-LLC, Dubai, investing $2 million on November 17, 2022, to buy a 26.72% share in YKNP Marketing Management, a different company. The notice mentions that this …
Wipro Limited, a prominent Information Technology (IT) services player, has bagged a staggering $500 million deal with a leading US communication service provider. The 5-year contract will see Wipro poised to deliver managed services tailored to specific products and industry solutions. “Wipro will deliver managed services for select products and industry-specific solutions,” the company stated …
On June 7, 2024, Tata Consultancy Services (TCS) launched TCS AI WisdomNextTM.This platform consolidates various Generative Artificial Intelligence (GenAI) services into a unified interface. It facilitates organisations in swiftly embracing next-gen technologies on a large scale, reducing expenses, and ensuring compliance with regulatory standards. This innovative platform aims to eliminate obstacles for customers in creating …
On June 6, 2024, United Breweries Limited announced in a stock exchange filing the launch of Queenfisher Premium Lager Beer: The Queen of Good Times from the House of Kingfisher in Maharashtra. The company stated that after receiving an overwhelmingly positive response from consumers in Goa, Meghalaya and Assam, they are delighted to introduce this …
